CHAPTER 693

H.P. 1360 - L.D. 1836

An Act To Amend the Laws Governing Purchase of Military

Time Served under the Maine State Retirement System

Be it enacted by the People of the State of Maine as follows:

Sec. 1. 5 MRSA §17001, sub-§10, as enacted by PL 1985, c. 801, §§5 and 7, is amended to read:

10. Creditable service. "Creditable service" means a person's membership service, the person's prior service and service for which credit is allowable under sections 17755 and 17756; section 17760, subsection 2 3; section 18258; sections 18355 and 18356; and section 18360, subsection 2.

Sec. 2. 5 MRSA §17713, sub-§2, as amended by PL 1993, c. 349, §16, is further amended to read:

2. Service before becoming a member. A member who qualifies under section 17760 to purchase service credit at the cost set forth in section 17760, subsection 2, 4 shall contribute to the retirement system for the period of service in the armed forces as follows:.

A. If the member qualifies under section 17760, subsection 2, contributions Contributions must be calculated at the percentage rate required of active members during the period of time covered by the service in the armed forces applied to the member's earnable compensation during the first year as an employee after service in the armed forces, under the following terms and conditions: